The wildfires moving through Southern California have destroyed communities and displaced countless individuals....more
1/23/2025
/ 401k ,
403(b) Plans ,
California ,
Department of Labor (DOL) ,
Disaster Aid ,
Employee Benefits ,
Employees ,
FEMA ,
Hardship Distributions ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Retirement Plan ,
Tax Planning ,
Wildfires
On December 23, 2024, President Biden signed two bills intended to ease the burden of reporting under the Affordable Care Act (“ACA”) for health plan sponsors and health insurance providers....more
On July 15, 2021, the Internal Revenue Service (“IRS”) updated its Employee Plans Compliance Resolution System (“EPCRS”) by issuing Revenue Procedure 2021-30 (PDF). The EPCRS changes and revisions, which generally became...more
Unemployment Insurance (“UI”) fraud has exploded during the COVID-19 pandemic, resulting in billions of dollars’ worth of fraudulent claims being filed across the United States. We have previously outlined steps that...more
On August 28, 2020, the Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) released Notice 2020-65 to provide guidance (“Agency Guidance”) implementing the employee payroll tax deferral directed...more
The IRS Office of Chief Counsel recently issued a memo which, in a surprise to many, concluded that the filing of the Affordable Care Act (“ACA”) Forms 1094-C and 1095-C (“C Forms”) does not start the statute of limitations...more
3/9/2020
/ Affordable Care Act ,
Employer Group Health Plans ,
Employer Liability Issues ,
Employer Mandates ,
Form 1094 ,
Form 1095 ,
Health Insurance ,
IRS ,
Reporting Requirements ,
Shared Responsibility Rule ,
Statute of Limitations ,
Tax Code ,
Tax Planning
From year to year (and sometimes week to week), there never seems to be a shortage of issues and questions for employee benefit plan sponsors and fiduciaries, as well as compensation committees, to address in order to...more
1/15/2020
/ 401k ,
Benefit Plan Sponsors ,
Choice-of-Law ,
COBRA ,
Compensation & Benefits ,
Cybersecurity ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employment Tribunals ,
Executive Compensation ,
IRS ,
Retirement Plan ,
Retirement Plan Providers ,
SECURE Act ,
Tax Planning
On October 22, 2018, in perhaps the most significant guidance resulting from President Trump’s 2017 Executive Order 13813, “Promoting Healthcare Choice and Competition Across the United States” (“2017 Executive Order”), the...more
1/10/2019
/ Affordable Care Act ,
Benefit Plan Sponsors ,
Department of Labor (DOL) ,
Employer Group Health Plans ,
Executive Orders ,
Health Insurance ,
HRA ,
IRS ,
Medicare ,
Proposed Regulation ,
Qualified Small Employer Health Reimbursement Plan (QSEHRAs) ,
TRICARE ,
Trump Administration